You are here: Home » International » News » Companies
Business Standard

Hyundai Motor denies tie-up with Tencent on driverless car software

Both companies had not offered any immediate comments on Saturday

Reuters  |  Seoul 

Hyundai
The logo of Hyundai Motors is seen on a steering wheel of a all-new Sonata sedan on display at the company's headquarters in Seoul. Photo: Reuters

South Korean automaker Co on Sunday denied a report that it had signed a preliminary deal with Chinese technology firm Holdings to develop software for

Hyundai's comments come a day after South Korea's Maeil Business Newspaper cited unnamed industry sources on Saturday saying that the two planned to conduct joint research and development on safety and security systems for self-driving cars, which Hyundai seeks to roll out commercially by 2030.

Both had not offered any immediate comments on Saturday.

Hyundai said in a statement on Sunday that its cooperation with the Chinese tech giant was focused on infotainment. Modern cars have so-called infotainment systems on a screen below the dashboard to provide services such as navigation and music.

 

First Published: Mon, April 08 2019. 01:28 IST
RECOMMENDED FOR YOU